I produce short news videos for my newspaper's website, and I often place a title at the lower 3rd of the video when I have an interview. Is there a way to save a simple text template clip in FCE without using LiveType?

I created a Lower 3D text, with drop shadow, Solid Background, and motion so the title slides onto the screen, but I have to redo it every time I do a new video. I would like to be able to pull up this clip and just change the name/title for each different project.